Fundamentals

ESG ratings

The feedback from ESG (environmental, social, governance) rating agencies is an important benchmark and indicator of the interests of our stakeholders. More information is available on our investor relations Web site.

ESG ratings

2022

2021

2020

Last

update

Scale

CDP (climate rating)

A

A

A

Dec 2022

A to F

EcoVadis

68

61

61

Jun 2022

The best 1% (75 –100) The best 5% (67 –74) The best 25% (56 –66)

The best 50% (47 –55)

ISS ESG 

C+

C+

B–

Dec 2021

A+/4.00 to D–/1.00

Moody’s ESG

(formerly V.E)

52

52

46

Sep 2021

Advanced (60 –100)

Robust (50 –59)

Limited (30 –49)

Weak (0 –29)

MSCI

AA

A

A

Feb 2023

Leader (AA –AAA)

Average (BB –A)

Laggard (CCC – B)

Sustainalytics 

24.5

19.7

19.5

Nov 2022

Risk assessment:

Negligible (0 –10) Low (10 –20)

Medium (20 –30)

High (30–40)

Severe (40 –100)

In alphabetical order.

Changes in 2022:

  • DB Group is one of the top 5% rated companies according to EcoVadis, one of the top 3% in the rail transport category and received the gold medal. The industry aver­age was 41 points. We made the greatest improvements in the areas of labor and human rights and sustainable
    procurement.
  • DB Group’s MSCI ESG rating improved in 2022. The main drivers for this were improvements in governance and social aspects, as well as improvements relative to peers.
  • Sustainalytics adjusted the ESG risk of DB Group in 2022. This is due to the determination of higher risk exposure and a downgraded assessment of the management of individual ESG issues (including partially adjusted assessments in the areas of product governance and human capital).
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Sustainability indices

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